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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Dec 07, 1956
Page
5
New York stocks started strong extending a recovery but profit taking pushed the market mixed. The Dow rose about 41 cents at 10 am with rails up 44 cents and utilities up 6 cents, while later trading saw shifting gains and some sec tor relief after a six session rally.
Wall Street notes expect Lockheed shipments to exceed 900 million in 1937 and top 1 billion in 1958, with 750 million this year. W R Grace & Co is highlighted for unique growth potential. 1958 and beyond forecast rising sales and earnings while near-term costs damp per share. Analysts discuss aluminum, Reynolds metals, natural gas stocks, and a cautious defense stock outlook amid recovery signals.
Financial News World reports New York stocks showing mixed early moves with the Dow Jones averages fluctuating. Trading volumes reached about 335 thousand shares as traders digested bond and market data while stock totals indicated cautious activity and little net change.
In San Francisco livestock data shows parts of the market steady to 39 cents per inch for steers with calf supplies skewing lower. Treasury figures compare year to date withdrawals and deposits against last year, highlighting fiscal movements across accounts.
Everett Hamm, 20, of 20253 Dixon Street Hayward, pleaded guilty to a misdemeanor for unlawfully using marijuana. Court in Centerville sentenced Hamm to 30 days and two years probation. Deputy District Attorney Forbes had sought a felony count of furnishing dope. Local record shows Sept. 13 action.
San Francisco bank clearings show small totals highlighted by figures around 118.290 and 900 V0.256.350 with a reported overall gain near 323,509. The data references Oakland and Lea Angola in the same brief post.
Services for Valle Clea r Cercudo 46 will be held at 10830 a m Monday at Sorensen Brothers chapel Bayware Castro Valley native residing 22 years in area died Thursday in Oakland hospital after a short illness Born in St Johns Oregon home 13467 Alma Way survived by husband Esidro and sons Cleo Eynn and Carl E. Cer ruds mother Mrs Nelive Coyle Hayware sister Mrs Alice Arneson San Lorenzo Intermor funeral to Ever grove memorial Oakland
Mrs Bertha Louise Terry died Wednesday at Ward Hospital after 3 with the Eeld. Funeral services will be held Sunday at 2 p.m. in Sorensen Brash- chapel, ward 11, with burial in Ward 10. Cremation will be at the Chapel of the Memories. Mrs Terry, age 92, was the wife of Frank T and mother of Robert C. She had lived in the ward for 10 years.
A homemade bomb struck a Norwalk barber shop named Sludeerens, tearing a roof hole and injuring no one reported. The blast occurred as earlier price-cut advertisements ran, with owner J. D. Pulliam noting neighboring barbers had raised their rates. Investigators say the device appeared aimed at the shop amid chaotic local prices and oil exploration chatter.
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